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20121204
20121204
STATION
CNBC 3
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Search Results 0 to 2 of about 3
CNBC
Dec 4, 2012 6:00am EST
the looming fiscal cliff. talked about business concerns as you head into the end of the year and even what to expect in 2014. bank of america has 55 million customers here in america. they represent one out of every two households. so moynihan has a very good idea about what consumers are doing and if they spending less because of the fiscal cliff. here's what he had to say. >> i'm more about business behavior than consumer behavior. people continue to spend, housing is a little better. all the things that affect stock market are in decent shape. the question was will everything going on cause them on slow down again. >> what are you you see rg businesses right now? >> almost a year and a halving a go, businesses getting concerned about the nature of the dialogue about the fiscal situation? washington and in europe and the issues that had to be dealt with long term and how it affects near term business in terms of what would be accelerated appreciation for investment in business. what will be the final demand. so the uncertainty factor started weighing in and caused everybody to be much mo
CNBC
Dec 4, 2012 9:00am EST
of the fiscal cliff is already being felt in business planning for next year and 2014. >> even leading up to that, people becoming more conservative. that's had an impact on what the growth will be in '13 all things being equal and we're in danger if this strings out into '13 that you could have problems of what '14 would look like. >> by 2013 if negotiations get strung out, it will impact decision making and whether or not to build a plant or hire people or expand a division or not. >> which we have heard time and again from many of the leaders and many corporations whether they be financial or otherwise. it comes back to this world. certainty. lack of it. and we don't have a lot of certainty at this point. they still have to do business. not as though they won't come in on january 1st and go to work. they are. >> i was thinking, david, could there possibly be any m&a between now and year end? no. >> maybe a little. >> there will be some. you're less likely to make the big move. less likely to make the big move for a variety of reasons. one of them being you don't know how you're going t
CNBC
Dec 4, 2012 1:00pm EST
exclusively with our becky quick on the impact of the fiscal cliff, repercussion does go well into 2014 inside now from one of the best known negotiation experts around, harvard business school professor deepak ma hallow and author of "i moved your cheese" and genius, pleasure to have you here. >> pleasure to be here. >> i you noticed from the notes, you said we begin a negotiation and taking this out of the political context and talk about large-scale negotiations, per say you have to think two steps ahead. why? wh what does that give you? >> if you don't play out the negotiations and see what's going to happen week or month later in the event there is no deal, you're not going to pick the right strategy up front r the current negotiations, for example, both sides thinking about what changes after december 3 11st. if you can look ahead and see things are worse for you in january than now, may want to try earlier to get a deal before it is too late. >> one thing we have noticed a lot of this seems to be playing out in the president coming to the mic, the speaker coming to the mic is that postu
Search Results 0 to 2 of about 3